Company Earnings Update 4 minutesRegister for Free AccessHanesBrands (HBI) 2Q18 Results: Misses on Earnings, Target Will Not Renew Champion Activewear Deal Coresight Research August 2, 2018 Executive Summary HanesBrands reported 2Q18 revenues of $1.72 billion, up 4.2% year over year and beating the $1.71 billion consensus estimate. Adjusted EPS of $0.45 was down from $0.53 in the year-ago quarter, slightly below the $0.46 consensus estimate and at the midpoint of the company’s $0.44–$0.46 guidance range. By segment, the international business performed best, with sales up 14.9% year over year, followed by global activewear, with sales up 12%, and global innerwear, with sales up 1%. HanesBrands reiterated its FY18 net sales guidance of $6.72–$6.82 billion, in line with the consensus estimate of $6.77 billion. The company expects full-year adjusted EPS of $1.72–$1.80, in line with the consensus estimate of $1.76. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Realty Income Begins 2023 with Portfolio ExpansionUS Consumer Outlook and US Retail Outlook for 2023—PresentationRetail Shrink and ORC: Expert Roundtable Shares Strategies To Combat Retail TheftEarnings Insights 3Q23, Week 5: Burlington and Urban Outfitters Report Solid Results; Kohl’s, Lowe’s and Others See Sales Decline